We recently published a list of Jim Cramer’s Latest Stock Moves: Top 10 Calls. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against other stocks that Jim Cramer discusses.

Jim Cramer in a recent program on CNBC expressed his frustration over the recent market selloff following tariff uncertainties. Cramer said non-US markets are performing well and had something to say to President Donald Trump.

“Remember, this whole situation is manufactured by the Walmart White House because almost every other market around the globe is crushing ours. They’re all doing better than we are. I don’t know who’s advising the president. I know what he is doing is important work, and I am no free trader. I am not even a fair trader. I’m a tariff guy. But I think you can kill more flies with honey right now, and certainly more than nuclear weapons.

Now, the president can roll him back if he wants to, but he generally believes his tariffs are the right thing to do, which is why they’ll probably keep coming with no finesse whatsoever — just brute force. Which I have to tell you, and including you, Mr. President, there are other ways and better ways to get things done.”

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For this article, we picked 10 stocks Cramer recently discussed during his program on CNBC. With each company we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Micron Technology, Inc. (NASDAQ:MU)

Number of Hedge Funds Investors: 107

During the Lightning Round program on CNBC, Jim Cramer was asked about Micron Technology, Inc. (NASDAQ:MU). He said Micron is expected to be under pressure amid Trump’s policies.

“Micron is going to be under pressure. They took some money from the government; it’s not their fault. It was the money they were giving away in the chips program. If they come after—if President Trump comes after Micron, he’s coming after ..Sanjay Mehrotra (CEO) is really terrific, and he’s been an amazing man who has built a manufacturing empire in our country, along with his predecessors. That’s the jewel of our country. Please don’t go after that one, President Trump.”

Micron shares wavered amid Wall Street’s belief that the memory cycle has peaked. However, the growth in High Bandwidth Memory (HBM) demand is expected to generate roughly $3.8B in revenue this fiscal year, offsetting declines in NAND and traditional DRAM revenues. Micron’s fiscal 2026 will see peak revenue and profitability, with HBM contributing significantly to growth.

Delaware Ivy Core Equity Fund stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its Q3 2024 investor letter:

Micron Technology, Inc. (NASDAQ:MU) – Fundamentals here also appear solid though concern about global demand for handsets and PCs drove the shares down during the quarter. We expect Micron to be a significant beneficiary of growth in AI demand as investment in new data centers is extremely memory (semiconductor) intensive.”

Overall, MU ranks 1st on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of MU, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MU but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.